Tuesday, August 16, 2016

Student Loans Are My Only Installment Loan, and I’m About to Pay Them Off — Problem?

Congratulations, your student loans were your only installment loans, and you’re about to pay them off. You may be wondering from a credit score standpoint: Is this a problem? Not really. Here’s why. The five factors Your credit score has five major elements: Your history of paying on time. How much of your available credit you’re using. How long...


from NerdWallet
https://www.nerdwallet.com/blog/finance/student-loans-only-installment-loan-paid-problem/

No comments:

Post a Comment